Totally agree, I use this board as my sanity check (could...

Totally agree, I use this board as my sanity check (could explain a lot)

I am of a similar op as everyone else but probably not that Bearish. As it stands that doesn't really matter as I can quietly move in and out and hopefully make money and not lose too much upside.

SPX broke 1250 and ignored a reasonable employment report, therefore there are greater concerns than just the US engine strength. I see this as the top they will try and test and this may coincide with the next US employment report. Either way it is probably a fairly good short.

XJO is now meeting moving averages on the top side with 4346 (20 day), 4410 (30), 4460(50). Previous sup was around 4450 and the downtrend line is around there as well. I would look to short somewhere above 4415 and watch 4180 very carefully.